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Matthew Bromberg has been named as Unity's new CEO, the company announced today.

Square Enix today warned investors that its next earnings report will include a significant hit due to a number of cancelled projects.

Thunderful Group is divesting one of its distribution businesses, Nordic Game Supply, selling the company to a firm run by its current acting CEO.

It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

Linden Lab, the developer of Second Life, has sold its payments business, Tilia, to Thunes.

Yes, it's been a particularly rough start to 2024, especially for studios seeking funding. Finishing out 2023, it felt like venture capital funds closed the faucets of years' past, and publishers hit the pause button. Thankfully, the vibe at GDC was slightly more positive, with new deals being announced by both publishers and VC funds.

Former Psygnosis developer Gary Nichols has formed a new studio, Starlight Games.

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It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

Sign up for the GI Daily here to get the biggest news straight to your inbox

Sign up for the GI Daily here to get the biggest news straight to your inbox

Blizzard Entertainment has renewed its publishing agreement with NetEase, which is set to begin this summer.

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Each year, the organisers of London Games Festival showcase the work of Black, Asian, and underrepresented games professionals working in the UK through the Ensemble initiative.

Eight games professionals to be featured in the 2024 Ensemble Exhibition have been unveiled by the organisers of London Games Festival.

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This April marks the tenth anniversary of Ustwo Games' breakout hit, Monument Valley.

How old does a game have to be before it becomes "retro"?

It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

Vlambeer's Rami Ismail has sold 50% of his shares of the studio to co-founder Jan Willem Nijman.

The Portuguese games industry had a big presence at GDC last month, with over 50 delegates from 20 companies attending, 14 companies represented in the country's pavilion (its first ever at the event), and a reception organised at the Consulate General of Portugal welcoming over 100 attendees.

Don't Nod has announced a new studio organisation structured around its three genres of predilection: RPG, narrative adventure, and action adventure.

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Toys for Bob has reportedly signed a deal with Microsoft after parting ways with the firm last month.

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Remedy has published its financial results for 2023, and reported a 22.2% decrease in revenue to €33.9 million compared to €43.6 million during the same period last year.

It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

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Tencent has reportedly taken over two ByteDance games teams, and has consolidated them into a new company.

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Stellar Blade developer Shift Up has filed to go public on the Korea Stock Exchange.

The former director of Twitch's Loaded games team has launched Beck Interactive Partners, a developer representation firm.

Industry veterans Tina Merry and Carina Kom have formed a new studio, Simply Sweet Games.

You can read all our South Africa Games Week articles on this page.

Outward developer Nine Dots Studio has announced its plan to publish third-party games, with the launch of Nine Dots Publishing.

NetEase released its financials results for 2023, with the Chinese gaming firm experiencing growth across the board – particularly in its games division.

It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

Sign up for the GI Daily here to get the biggest news straight to your inbox

As the video games industry violently contracts to ensure shareholder satisfaction at the cost of making thousands upon thousands of people unemployed, Skylanders studio Toys For Bob have announced they're splitting from Activision Blizzard and Microsoft to go independent. Good for them, but maybe too late for some. Earlier this month, the San Francisco Chronicle reported that it seemed Activision Blizzard were closing Toys For Bob's California headquarters and laying off 86 people. Still, the new independent Toys For Bob say they're working on something new and "exploring a possible partnership" with Microsoft.

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Electronic Arts has announced the closure of Ridgeline Games, the studio working on a new single-player Battlefield campaign.

Rockstar is set to move back to working in-office five days a week from April.

Ridgeline Games founder Marcus Lehto has left the EA studio working on the Battlefield franchise.

Unity released its fourth quarter full-year financial earnings for 2023 yesterday, which saw a jump in revenue and decrease in net losses both in its Q4 and FY 2023 results.

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Apple has disabled the distribution of Progressive Web Apps in the EU to comply with the European Union's Digital Market's Act.

Supermassive Games is poised to lay off approximately 90 employees from the company.

Suicide Squad: Kill the Justice League didn't meet Warner's expectations, according to its CFO Gunnar Wiedenfels.

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Valve has released a new report that revealed over 500 games earned more than $3 million in gross revenue on the platform last year.

Xbox head Phil Spencer has clarified that Microsoft will continue to support physical media.

Bandai Namco has released its financial results for the nine months ending December 31, 2023, reporting a drop in sales in its Digital Entertainment segment and overall profit while its total net sales showed a slight increase.

The studio behind Homeworld 3, Homeworld: Deserts Of Kharak, and Hardspace: Shipbreaker have cut a number of jobs, explaining this is "part of a realignment plan that's necessary because of new projects that were shelved by some of our partners". Blackbird Interactive haven't confirmed the number of people who lost their jobs, nor have they said what the mystery projects were. It's been a grim year for people working in the video games industry, with thousands losing their jobs, and we're only halfway through February.

Xsolla has announced a change in its leadership structure, with former president and interim CEO Chris Hewish becoming chief strategy officer.

Innovate UK has awarded five UK women-led studios with an accolade that includes a combined total of £215,000 in grants.

Supercell has published its financial results for 2023, in which revenue dropped by 4.2% to €1.7 billion compared to last year.

Next Official Xbox Podcast episode to provide details on new business changes

Motion Twin announced that it will be moving from Dead Cells development

Sega Sammy has released its financial report for the nine months ended December 31, 2023, and experienced a rise in overall sales and profit despite a decrease in sales for new titles.

It can be difficult keeping track of the various comings and goings in the games industry, which is why we compile them in semi-regular round-ups.

Sign up for the GI Daily here to get the biggest news straight to your inbox

Sign up for the GI Daily here to get the biggest news straight to your inbox

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Square Enix has revealed that several people have been criminally charged for distributing counterfeit merchandise in China.

Nexon's live-service multiplayer Warhaven is shutting down on April 5, 2024, four months after entering global early access.

Consulting firm Nordicity is well-versed on the subject of tax credits for the games industry.

Obelisk Studio has secured $2 million from The Games Fund.

Mobile developer and publisher TapNation has acquired the AI-powered platform UA Hero.

Talofa Games has raised $6.3 million in a seed funding round led by venture capital firm Chamaeleon.

The current turmoil in the video games industry will continue all year and likely into 2025, games industry leaders have told GamesIndustry.biz.

Mighty Kingdom shareholders today voted against a resolution brought by the studio's former CEO Shane Yeend to oust its current board of directors.

73% of UK games studios surveyed by trade body TIGA are looking to grow in 2024 with only 6% expecting job cuts.

Texas-based Wimo Games seems to have closed its doors yesterday, as former employees shared the news on social media.

Take-Two Interactive has issued a trademark dispute over alleged similarities between the logos of Remedy and Rockstar Games.

Microsoft overtook Apple as the most profitable company at the end of last Friday's trading session in the US.

GameStop is in the process of closing its cryptocurrency marketplace a year and a half after launch.